NOT LISTED FOR SALE

Estimated Value: $639,000 - $871,000

5 Beds
4 Baths
-- Sq Ft
19,800 Sq Ft Lot

Last Sold September 26, 2016

Last sale price $398,000

Est. 93% increase in value since last sale

Current estimated payment $4,720/month

21 Days on Market

About This Home

As of September 2016

Four unites located near the freeway. Very good investment or to live in one and rent the other three. One unit is two bedroom and one bath and the other three are one bedroom one bath each. Property has a very large rear yard.

Last Agent to Sell the Property

Abel Gomez

SEVILLE PROPERTIES License #00920442 Listed on: 07/01/2016

Last Buyer's Agent

Maria Garcia

Berkshire Hathaway HomeServices California Realty License #01702842

Berkshire Hathaway HomeServices California Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1975

Lot Details

  • 0.45 Acre Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 50
  • Tax Tract Number 42515
  • Assessor Parcel Number 481130016

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $965
  • Trash Expense $1,200
  • Water Sewer Expense $2,307
  • New Taxes Expense $5,600
  • Gross Income $37,800
  • Net Operating Income $27,666

Property Details

Home Type

Multi-Family

Year Built

Built in 1975

Lot Details

0.45 Acres

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 2307.00
  • Property Type: Residential Income
  • Parcel Number: 481130016
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Sewer Connected
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 19800.00
  • Price Per Lot Square Foot: 20.20

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 37800.00
  • Gross Scheduled Income: 37800.00
  • Insurance Expense: 965.00
  • Net Operating Income: 27666.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 10134.00
  • Rent Control: No
  • Total Actual Rent: 3150.00

Tax Info

  • New Taxes Expense: 5600.00
  • Tax Lot: 50
  • Tax Tract Number: 42515

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2016
Closed on
Sep 19, 2016
Sold by
Pacheco Gregorio and Reyes Eva A
Bought by
Gamino Miguel A and Gamino Gabriela
Seller's Agent
Abel Gomez
SEVILLE PROPERTIES
Buyer's Agent
Maria Garcia
Berkshire Hathaway HomeServices California Realty
List Price
$400,000
Sold Price
$398,000
Premium/Discount to List
-$2,000
-0.5%
Current Estimated Value
$768,208

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$370,208
Avg. Annual Appreciation
7.18%
Original Mortgage
$323,972
Outstanding Balance
$258,943
Interest Rate
3.45%
Mortgage Type
FHA
Estimated Equity
$509,265

Purchase Details

Closed on
Feb 15, 2011
Sold by
Us Bank National Association
Bought by
Pacheco Gregorio and Reyes Eva A

Purchase Details

Closed on
Sep 23, 2010
Sold by
Salgado Vicente and Abarca Francisca
Bought by
Us Bank National Association

Purchase Details

Closed on
Sep 24, 2004
Sold by
Swift Sandra J
Bought by
Swift James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,950
Interest Rate
7.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 24, 2004
Sold by
Swift James
Bought by
Salgado Vicente and Aborca Francisca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,950
Interest Rate
7.99%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gamino Miguel A $398,000 None Available
Pacheco Gregorio $208,000 Landsafe Title
Us Bank National Association $166,500 Landsafe Title
Swift James -- Orange Coast Title Insurance
Salgado Vicente $367,000 Orange Coast Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gamino Miguel A $323,972
Previous Owner Salgado Vicente $311,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2016 09/26/16 Sold $398,000 -0.5% --
07/01/2016 07/01/16 For Sale $400,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,149 $461,910 $142,750 $319,160
2023 $8,149 $443,974 $137,207 $306,767
2022 $7,383 $435,269 $134,517 $300,752
2021 $7,282 $426,735 $131,880 $294,855
2020 $7,165 $422,360 $130,528 $291,832
2019 $6,929 $414,079 $127,969 $286,110
2018 $6,070 $405,960 $125,460 $280,500
2017 $4,881 $398,000 $123,000 $275,000
2016 $2,979 $225,106 $84,414 $140,692
2015 $2,941 $221,727 $83,147 $138,580
2014 $2,760 $217,385 $81,519 $135,866
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IN16143460

California Regional Multiple Listing Service (CRMLS)

APN: 481-130-016

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